Coinomi Support

What is Coinomi Rewards

Coinomi Rewards is a new way to interact with Coinomi and get rewarded with crypto sent directly to your address. Completing daily social and in-app tasks gets you "shards". Every set of 20 shards forms a "crystal" that counts towards your rewards when the week ends.

Who is eligible

There is no geographical restriction, anyone can participate from anywhere. Every user who accumulates at least 1 full crystal is eligible. Users who do not complete a full crystal does not participate in that week's rewards distribution.

When you receive the rewards

Crystals and shards are accumulated on a weekly basis. They reset when the week is over. Rewards are sent the following week. The total prize pool is divided among every participant, proportional to their previous week's number of completed crystals. No crystals means no reward. More crystals means more rewards.

Rewards are sent as a batch transaction, so unfortunately it will not appear in the token's transaction history, but the balance will be updated accordingly.

How much is received

There is no fixed or guaranteed value that each participant receives. Each participant gets a fraction of the week's prize pool proportional to how many crystals they collected worldwide. For example: a week's prize pool is 200 USDC, and the total number of crystals collected by all users was 2000. This means for each crystal you accumulated during the week, you will get 0.10 USDT.

The prize pool value and asset can change from week to week. Stay tuned to our social media posts to know what asset is sent.

Setting up your rewards

You can start accumulating points by opening the "Rewards" section on Coinomi's left sidebar.
Before you start participating, you'll see a popup with basic information. It also allows you to recover your progress in the Rewards system by connecting to your X (Twitter) account. Otherwise, if you accept and continue, you can create a new identity for participating. Coinomi Rewards does not collect personal data. Any links with social media or email are optional, and only used for operation of the Rewards system itself.
When creating a new identity, you can choose a randomized name and profile image. If you have a referral code from a friend, you should also enter it here. The identity and referral cannot be edited after confirming.
You get bonuses if you can maintain a streak of consecutive days using the Rewards. You can choose a time to get a daily reminder notification. You can change, enable or disable it at any time in the Rewards settings screen.
Rewards can be sent on different networks. If you haven't yet chosen a wallet of the network where rewards will be sent, Coinomi will need to choose one. This can be changed at any time in the Rewards settings screen.
On the Rewards main screen you can claim daily shards, or complete other optional tasks to accumulate more. For every 20 shards accumulated, you complete a full crystal.